‘Insatiable appetite for reckless spending’: President Biden’s $7.3 trillion budget blueprint would raise one tax rate to as high as 44.6% — here’s how the changes ...

Biden's federal budget proposal inclues plans to cut taxes for working families by increasing them for both the wealthy and big corporations. The budget blueprint for fiscal 2025 (which ... that would ... Read More

Repeat Offenders Made up 40% of US Corporate Defaults in 2023, Moody's Says

(Reuters) - Around 40% of U.S. companies that defaulted on their debt obligations in 2023 had previously done so, according to a new report from credit ratings agency Moody's. These and other ... Read More

MPS superintendent proposes cutting 288 jobs to close budget shortfall

The Milwaukee Public School Board of Directors' Committee on Strategic Planning and Budget met on Tuesday to discuss the 2024-25 proposed budget.Superintendent Dr. Keith Posley's proposal includes ... Read More

The Powell paradox: How the Fed chair’s words keep interest rates higher for longer

The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, adjusting its communication strategy accordingly. Read More

Morning news brief

FADEL: NPR international affairs correspondent Jackie Northam joins us now to discuss ... then the world's coral reefs will simply be degraded and no longer recognizable for the next generation. Read More

Tell us: How have Biden's student loan relief proposals affected you?

President Joe Biden on Monday unveiled a new set of proposals aimed at reducing student debt for millions of borrowers, following up on a pledge he made after the U.S. Supreme Court blocked his ... Read More

Evil Twins: US Federal Budget Deficits and US Trade

The government’s inflationary borrow-and-spend policies have given Americans a false sense of prosperity. In the end, such policies are unsustainable. Read More

Community News Briefs

The following news briefs are provided to help keep our community informed about what’s happening on our U.S ... Parenting can be tough, so join us the third Wednesday of each month from ... Read More

Ritchie Torres says Hamas is emboldened by the ‘demonization of Israel’ after rejecting latest ceasefire proposal

“We reject the latest Israeli proposals that the Egyptian side informed us ... s foreign relations, told Reuters. Another Hamas official, who was not identified, told the publication “there is ... Read More

Fed's Powell says looming US election will not sway rate decisions

The looming U.S. presidential election will not influence the Federal Reserve's interest rate decisions, Fed Chair Jerome Powell said on Wednesday, adding that policymakers were "at peace" with ... Read More

Jewish students say Columbia is failing them terribly by coddling protesters. They’re right

“They’ve been enabled to really discriminate against us, and harass us ... to stand guard at the encampment’s entrances to make sure no outsiders could gain access. Posters on one tent ... Read More